Malaysia’s ex-PM not amused about huge tax bill

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Former Malaysian leader Najib Razak disputed a hefty new tax bill shortly before the start of his first trial related to corruption charges involving state fund 1Malaysia Development Bhd .

It came in response to local media reports, citing unidentified sources, that the Malaysian tax office issued him an extra tax bill of around 1.5 billion ringgit ($368 million) for 2011 to 2017.

Najib dismissed the penalty as “propaganda” and said it can be challenged according to the law. He also questioned who leaked the information.

“This doesn’t mean I did not pay taxes every year or have overdue taxes,” Najib wrote on his Facebook page. The revenue board didn’t comment.

Najib on April 3 is set to face seven of the 42 counts of corruption and embezzlement over his role in state fund 1MDB. He has pleaded not guilty to all the charges.



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Former Malaysian leader Najib Razak disputed a hefty new tax bill shortly before the start of his first trial related to corruption charges involving state fund 1Malaysia Development Bhd . It came in response to local media reports, citing unidentified sources, that the Malaysian tax office issued him an extra tax bill of around 1.5 billion ringgit ($368 million) for 2011 to 2017. Najib dismissed the penalty as “propaganda” and said it can be challenged according to the law. He also questioned who leaked the information. “This doesn’t mean I did not pay taxes every year or have overdue taxes,”...

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Former Malaysian leader Najib Razak disputed a hefty new tax bill shortly before the start of his first trial related to corruption charges involving state fund 1Malaysia Development Bhd .

It came in response to local media reports, citing unidentified sources, that the Malaysian tax office issued him an extra tax bill of around 1.5 billion ringgit ($368 million) for 2011 to 2017.

Najib dismissed the penalty as “propaganda” and said it can be challenged according to the law. He also questioned who leaked the information.

“This doesn’t mean I did not pay taxes every year or have overdue taxes,” Najib wrote on his Facebook page. The revenue board didn’t comment.

Najib on April 3 is set to face seven of the 42 counts of corruption and embezzlement over his role in state fund 1MDB. He has pleaded not guilty to all the charges.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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